Devon Energy
DVN
47.88
-0.14
-0.29%
Devon Energy
US · DVN
#434 by market cap
Listed 1970
47.88
-0.14
-0.29%
Live - 5344 symbols - heartbeat 42s ago
· 2026-10-08 07:00
Pre-market
48.83
+1.98%
After-hours
47.88
0.00%
Overnight
48.64
+1.59%
- Market cap
- 52.67B
- P/E (TTM)i
- 10.41
- P/Bi
- 1.26
- EPSi
- 4.17
- Div yieldi
- 2.17%
- 52W posi
- 81%
Reader sentiment
Are you bullish or bearish on DVN?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 3.36, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +7.83% YoY
Margins
- Gross margin
- 25.55%
- Operating margin
- 22.43%
- Net margin
- 15.37%
Key ratios & quality
- Enterprise valuei
- 59.62B
- Altman Z-Scorei
- 3.36
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8.90B | 6.22B | 4.83B | 12.21B | 19.17B | 15.26B | 15.94B | 17.19B |
| Gross profit | 2.19B | 714.00M | 392.00M | 3.68B | 8.37B | 5.37B | 4.71B | 4.39B |
| Selling & admin expenses | 574.00M | 475.00M | 338.00M | 391.00M | 395.00M | 408.00M | 500.00M | 492.00M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 1.49B | 160.00M | -133.00M | 3.25B | 7.92B | 4.94B | 4.18B | 3.86B |
| Pretax profit | 944.00M | -109.00M | -3.09B | 2.90B | 7.78B | 4.62B | 3.71B | 3.47B |
| Tax | 230.00M | -30.00M | -547.00M | 65.00M | 1.74B | 841.00M | 770.00M | 785.00M |
| Net profit | 3.22B | -353.00M | -2.67B | 2.83B | 6.04B | 3.78B | 2.94B | 2.68B |
| Basic EPS | 6 | -1 | -7 | 4 | 9 | 6 | 5 | 4 |
| Diluted EPS | 6.10 | -0.89 | -7.12 | 4.19 | 9.12 | 5.84 | 4.56 | 4.17 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 4.45B | 4.28B | 4.33B | 4.12B | 3.81B | 7.42B |
| Gross profit | 1.19B | 1.11B | 1.10B | 981.00M | 462.00M | 2.73B |
| Selling & admin expenses | 130.00M | 113.00M | 114.00M | 135.00M | 125.00M | 175.00M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 1.05B | 981.00M | 982.00M | 841.00M | 312.00M | 2.54B |
| Pretax profit | 646.00M | 1.16B | 912.00M | 747.00M | 166.00M | 2.38B |
| Tax | 137.00M | 244.00M | 219.00M | 185.00M | 46.00M | 473.00M |
| Net profit | 509.00M | 917.00M | 693.00M | 562.00M | 120.00M | 1.91B |
| Basic EPS | 1 | 1 | 1 | 1 | 0 | 2 |
| Diluted EPS | 0.77 | 1.41 | 1.09 | 0.90 | 0.19 | 2.03 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 4.44B | 3.85B | 3.26B | 4.25B | 3.89B | 3.16B | 3.43B | 4.01B |
| Cash & ST investments | 2.41B | 1.46B | 2.05B | 2.10B | 1.45B | 875.00M | 846.00M | 1.43B |
| Inventory | -- | -- | -- | 114.00M | 201.00M | 249.00M | 294.00M | 336.00M |
| Total assets | 19.57B | 13.72B | 9.91B | 21.03B | 23.72B | 24.49B | 30.49B | 31.60B |
| Total current liabilities | 2.23B | 1.93B | 1.44B | 3.09B | 3.11B | 2.95B | 3.31B | 4.09B |
| Short-term debt | 162.00M | -- | -- | -- | 251.00M | 483.00M | 485.00M | 998.00M |
| Long-term debt | 4.29B | 4.29B | 4.30B | 6.48B | 6.19B | 5.67B | 8.40B | 7.39B |
| Total liabilities | 10,380,000,000.00 | 7,797,000,000.00 | 6,893,000,000.00 | 11,626,000,000.00 | 12,425,000,000.00 | 12,273,000,000.00 | 15,785,000,000.00 | 16,071,000,000.00 |
| Total equity | 9.19B | 5.92B | 3.02B | 9.40B | 11.30B | 12.22B | 14.70B | 15.53B |
| Retained earnings | 3.65B | 3.15B | 208.00M | 1.69B | 4.30B | 6.20B | 8.17B | 10.20B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 3.91B | 4.32B | 3.87B | 4.01B | 4.76B | 5.05B |
| Cash & ST investments | 1.23B | 1.76B | 1.28B | 1.43B | 1.82B | 1.01B |
| Inventory | 332.00M | 327.00M | 361.00M | 336.00M | 319.00M | 356.00M |
| Total assets | 30.93B | 31.39B | 31.22B | 31.60B | 32.54B | 70.89B |
| Total current liabilities | 3.62B | 3.54B | 4.04B | 4.09B | 4.73B | 7.04B |
| Short-term debt | 485.00M | 485.00M | 998.00M | 998.00M | 999.00M | 1.50B |
| Long-term debt | 8.40B | 8.39B | 7.39B | 7.39B | 7.39B | 9.89B |
| Total liabilities | 16,155,000,000.00 | 16,098,000,000.00 | 15,871,000,000.00 | 16,071,000,000.00 | 17,115,000,000.00 | 29,146,000,000.00 |
| Total equity | 14.77B | 15.29B | 15.35B | 15.53B | 15.43B | 41.75B |
| Retained earnings | 8.51B | 9.25B | 9.79B | 10.20B | 10.17B | 11.71B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2.70B | 2.07B | 1.35B | 4.90B | 8.53B | 6.54B | 6.60B | 6.71B |
| Depreciation & amortization | 1.23B | 1.50B | 1.30B | 2.16B | 2.22B | 2.55B | 3.26B | 3.60B |
| Free cash flow | 533.00M | 130.00M | 193.00M | 2.89B | 3.41B | 2.60B | -853.00M | 2.80B |
| Dividends paid | -149.00M | -140.00M | -257.00M | -1.32B | -3.38B | -1.86B | -937.00M | -619.00M |
| Stock buybacks / issuance | -2.96B | -1.85B | -38.00M | -589.00M | -718.00M | -979.00M | -1.06B | -1.05B |
| Ending cash balance | 2.45B | 1.84B | 2.24B | 2.27B | 1.45B | 875.00M | 846.00M | 1.43B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 1.94B | 1.55B | 1.69B | 1.53B | 1.66B | 3.67B |
| Depreciation & amortization | 912.00M | 914.00M | 879.00M | 890.00M | 904.00M | 1.42B |
| Free cash flow | 1.00B | 573.00M | 623.00M | 601.00M | 626.00M | -373.00M |
| Dividends paid | -163.00M | -156.00M | -151.00M | -149.00M | -155.00M | -366.00M |
| Stock buybacks / issuance | -301.00M | -249.00M | -250.00M | -250.00M | -69.00M | -197.00M |
| Ending cash balance | 1.23B | 1.76B | 1.28B | 1.43B | 1.82B | 1.01B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 33.23 | -4.74 | -61.70 | 46.32 | 58.33 | 32.26 | 21.77 | 17.60 |
| ROA %i | 12.30 | -2.13 | -22.68 | 18.19 | 26.63 | 15.54 | 10.52 | 8.51 |
| ROIC %i | 19.03 | -1.33 | -27.89 | 27.25 | 36.45 | 22.02 | 14.97 | 12.47 |
| 5-year avg ROE %i | -10.58 | -13.05 | -7.35 | 4.67 | 14.40 | 14.21 | 19.51 | 35.37 |
| EBIT margin %i | 11.35 | 2.43 | -58.64 | 26.92 | 42.49 | 32.72 | 25.80 | 23.06 |
| FCF / sales %i | 1.84 | 2.09 | 4.00 | 23.69 | 17.76 | 17.02 | -- | 16.27 |
| Current ratioi | 1.99 | 2.00 | 2.26 | 1.38 | 1.25 | 1.07 | 1.04 | 0.98 |
| Quick ratioi | 1.45 | 1.22 | 1.96 | 1.18 | 1.04 | 0.83 | 0.85 | 0.79 |
| Debt / assetsi | 22.76 | 33.08 | 45.84 | 32.03 | 28.23 | 26.34 | 30.18 | 27.17 |
| LT debt / equityi | 46.72 | 78.21 | 157.50 | 72.71 | 57.72 | 49.47 | 60.14 | 48.87 |
| Interest coveragei | 4.09 | 0.58 | -10.93 | 8.47 | 22.01 | 13.53 | 10.26 | 7.97 |
| Revenue CAGR (3Y) %i | -12.20 | -15.49 | -9.44 | 11.12 | 45.52 | 46.75 | 9.30 | -3.57 |
| Net income CAGR (3Y) %i | -- | -- | -- | -2.81 | -- | -- | 0.92 | -23.99 |
| FCF CAGR (3Y) %i | -- | -- | -46.37 | 75.72 | 196.98 | 137.85 | -- | -6.35 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 20.88 | 20.60 | 18.35 | 17.60 | 15.13 | 11.55 |
| ROA %i | 9.98 | 10.06 | 8.84 | 8.51 | 7.15 | 6.41 |
| ROIC %i | 14.68 | 14.74 | 12.68 | 12.47 | 10.93 | 9.34 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 24.00 | 24.41 | 23.27 | 23.06 | 21.00 | 23.96 |
| FCF / sales %i | -- | -- | 16.13 | 16.27 | 14.65 | 7.51 |
| Current ratioi | 1.08 | 1.22 | 0.96 | 0.98 | 1.01 | 0.72 |
| Quick ratioi | 0.90 | 1.02 | 0.77 | 0.79 | 0.86 | 0.59 |
| Debt / assetsi | 28.96 | 28.64 | 27.38 | 27.17 | 26.40 | 16.57 |
| LT debt / equityi | 58.25 | 56.48 | 49.19 | 48.87 | 49.22 | 24.55 |
| Interest coveragei | 9.14 | 8.75 | 8.03 | 7.97 | 7.12 | 9.32 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Oil is the largest reported line at 77.73% of revenue, across 4 reported segments.
- The next-largest line, Natural gas liquids (NGL), is a distant second at 13.19% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Oil77.73%
Natural gas liquids (NGL)13.19%
Oil, gas and natural gas liquids (NGL) derivatives5.58%
Gas3.51%
Quote time 2026-10-08 07:00:15 · For reference only, not investment advice and not tailored to your situation.